10 high-paying jobs that don't require a graduate degree

Generally, the more education you have, the higher your pay will be down the road. But there are still high-paying jobs available to graduates who don't pursue grad school.

Jobs that don't require a master's degree

For some people, four years of college just aren't enough. There are many reasons a graduate degree can be helpful — including higher average salaries — and those willing to put in the extra time are often rewarded in the long run.

"I think students today are increasingly aware that the more education you receive, the higher your pay will be down the road," said Emilia Hodge, graduate-education outreach director for the University of Florida’s graduate school, according to the Treasure Coast Palm.

Despite this, there are still ample jobs available to graduates who don't pursue grad school. Using the most recent data from O*NET, an occupational database sponsored by the U.S. Department of Labor, the following is a look at the highest-paying occupations where the majority of jobs did not require master's or doctoral degrees.

We used the most recent data from the Bureau of Labor Statistics to find each occupation's average salary and job description, and ranked the top 10 jobs based on average salary. The jobs on the list all require a bachelor's degree, and all have average salaries over $120,000.

#10. Compensation and benefits managers

#9. Sales managers

Average salary: $130,400

Prior education: Bachelor's degreeJob description: Plan, direct or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

#8. Treasurers and controllers

Average salary: $134,330

Prior education: Bachelor's degreeJob description: Direct financial activities, such as planning, procurement and investments for all or part of an organization.

#7. Airline pilots

Average salary: $136,400

Prior education: Bachelor's degreeJob description: Pilot and navigate the flight of fixed-wing, multi-engine aircraft, usually on scheduled air carrier routes, for the transport of passengers and cargo. Requires Federal Air Transport Pilot certificate and rating for specific aircraft type used.

#6. Natural sciences managers

Average salary: $136,570

Prior education: Bachelor's degreeJob description: Plan, direct or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics and research and development in these fields.

#5. Marketing managers

Average salary: $140,660

Prior education: Bachelor's degreeJob description: Plan, direct or coordinate marketing policies and programs, such as determining the demand for products and services offered by a firm and its competitors, and identify potential customers. Develop pricing strategies with the goal of maximizing the firm's profits or share of the market while ensuring the firm's customers are satisfied. Oversee product development or monitor trends that indicate the need for new products and services.

#3. Engineering managers

Prior education: Bachelor's degreeJob description: Plan, direct or coordinate activities in such fields as architecture and engineering or research and development in these fields.

#2. Petroleum engineers

Average salary: $149,590

Prior education: Bachelor's degreeJob description: Devise methods to improve oil and gas extraction and production and determine the need for new or modified tool designs. Oversee drilling and offer technical advice.